Global Safety Needles Strategic Market Report 2023-2030 – Growing Use of Self-Injection Devices and Legislations Curb Needle Stick Injuries Drive Demand

DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Safety Needles – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Safety Needles Market to Reach $4.3 Billion by 2030

The global market for Safety Needles estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.

Active, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Passive segment is estimated at 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $664.1 Million, While China is Forecast to Grow at 10.3% CAGR

The Safety Needles market in the U.S. is estimated at US$664.1 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Impact of COVID-19 on Safety Needles MarketCompetitionSafety Needles – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)Needles: A PreludeTypes of NeedlesA Prelude to Safety NeedlesGlobal Market OverviewGlobal Safety Needles Market Set to GrowActive Safety Needles Account for a Major ShareHospitals and Ambulatory Surgery CentersUS and Europe Dominate the Market, Asia-Pacific to Witness Fastest GrowthRecent Market ActivityWORLD BRANDS

MARKET TRENDS & DRIVERS

Legislations Curb Needle Stick Injuries Drive Demand for Safety Syringes and NeedlesRising Incidence of Hospital Acquired Infections Propels Demand for Safety NeedlesLeading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Five InfectionsRise in Number of Surgeries Buoys GrowthGlobal Volume of Surgical Procedures (in Million) by Category: 2019Growth in the Number of Surgeries in the US (2010-2020) and 2001-2010 (in %)Number of Surgical Procedures (per 100,000 People) in Select CountriesInnovation Helps in Improving Trust for Safety Pen NeedlesGrowing Use of Self-Injection Devices to Boost GrowthNeedle-Free Innovations to Make Hypodermic Needles Go into OblivionNeedleless Systems Pose Threat to Traditional SyringesIncreased Demand for Use of Safety Needles & Insulin Pens in Hospital SettingsMACRO GROWTH DRIVERSConsistent Rise in Healthcare Spending Worldwide to Drive Market OpportunitiesAging Population and Growing Number of Surgical Procedures Spur DemandGrowing Prevalence of Chronic Diseases Drive the Demand for Safety NeedlesFatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others

FOCUS ON SELECT PLAYERS (Total 101 Featured)

Advin Health CareB. Braun Melsungen AGBecton, Dickinson and CompanyBoston Scientific CorporationCardinal Health, Inc.Argon Medical Devices, Inc.A. Menarini Diagnostics SrlAllison Medical, Inc.Axel Bio Corporation, Inc.Cambridge Sensors Ltd.Bionic Medizintechnik GmbHAdvaCare PharmaBerpu Medical Technology Co., Ltd.ANHUI KANGDA MEDICAL PRODUCTS CO., LTD.AYSET TIBBI URUNLER SAN. A.S.

For more information about this report visit https://www.researchandmarkets.com/r/214b2q

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